"He’s not in it,” Hiddleston confirmed to EW. “Here’s the thing: I don’t think there’s anything else Loki could contribute to The Avengers, narratively. Joss gave me so many wonderful things to do in that first film that we’d only be trying to repeat ourselves, and probably less well in the second one.”

Hiddleston goes on to compare The Avengers 2 to other sequel favorites of his, which included new villains, and mentions that Whedon is bringing in new characters as well.

"When I think of all the things I loved as a child, for example, Hans Gruber wasn’t in Die Hard 2. And in Indiana Jones, by the time he moved from the Lost Ark to the Temple of Doom, there was a whole new bad guy. I think keeping it fresh and new is good for The Avengers even though it’s a shame for me," Hiddleston continued. "And let’s face it, there’s seven or eight of them as it is, and Joss is thinking about adding two more, so the screen’s gonna be a busy place. But I had the time of my life on that film. It was the most fun ever."

While Tom Hiddleston will not be appearing in The Avengers 2, fans will get to see more from Loki this November in Thor 2, "The Dark World."

"Oh, I’ve got plenty to do in Thor, believe me. A lot of new stuff. It’s a new iteration of the character. It’s a new development. Another trick, another poker game for the god of mischief. And he plays it well," Hiddleston offered."